XML 72 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block]
Impact of Adoption on Condensed Consolidated Balance Sheet
 
Balance as of January 1, 2020
 
Opening Balance
Cumulative Effect of Accounting Change
Adjusted Opening Balance
Mortgage loans
$
4,215


$
4,215

ACL on mortgage loans
—

$
(19
)
(19
)
Mortgage loans, net of ACL
4,215

(19
)
4,196

Premiums receivable and agents’ balances
4,529


4,529

ACL on premiums receivable and agents' balances
(145
)
23

(122
)
Premiums receivable and agents' balances, net of ACL
4,384

23

4,407

Reinsurance recoverables
5,641


5,641

ACL and allowance for disputed amounts on reinsurance recoverables
(114
)
(2
)
(116
)
Reinsurance recoverables, net of allowance for uncollectible reinsurance
5,527

(2
)
5,525

Deferred income tax asset, net
299

5

304

Other liabilities
(5,157
)
(25
)
(5,182
)
Retained Earnings
$
12,685

$
(18
)
$
12,667

Summary of Adoption Impacts
Net increase to ACL and LCL
$
(23
)
Net tax effects
5

Net decrease to retained earnings
$
(18
)